Senior Receivables Analyst
About the role
The primary focus of this position is to provide support to the Finance Shared Services (FSS) US Credit & Collection (C&C) team for US: Therapeutics, PCYC, R&D, Aesthetics, and Manufacturing sites. AbbVie operates standardized global processes supported by one ERP system (SAP). Our C&C Mission: We are committed to providing accurate, timely collection and cash application services while managing customer default risk through effective strategy, analysis, negotiations, and dispute resolution.
Responsibilities
- Quickly become familiar with FSS AR standard operating procedures and business requirements.
- Monitor accounts for potential risk, communicate intelligence to the FSS Credit Risk Team.
- Identify root causes for credit or collection challenges, prepare compelling data presentations and complex trend analysis using tools (e.g., SAP, Sidetrade, Excel, PowerPoint, etc.), and resolve complex payment and/or collection issues.
- For Customer Orders blocked due to Credit Hold: review account, resolve customer claims/invoices, and/or provide support to Credit Risk Team to review for order release decision.
- Partner with multiple AbbVie Internal teams/Groups and work directly with customers.
- Provide financial and analytical support to FSS supported financial partners.
- Operate independently with moderate supervision and under challenging time constraints.
- Facilitate interpretation and understanding of data, identify risks, and develop recommendations for review by Sr. Management and implement solutions.
- Create Dispute Cases and Debt Forgiveness packets. Ensure all related back-up documentation and commentary is included and approvers have required documentation to review/approve.
- Demonstrate a high degree of written and verbal communication skills. Support relationships and engage in effective communication with our customers and internal areas such as Sales, Customer Service, and Contracts & Pricing.
- Resolve challenges with minimal guidance and escalations. Provide options to management where issues require escalation.
- Make process improvement recommendations to management.
- Meet goals and Key Performance Metrics.
- Support and provide technical insights on projects related to processes or tools within the AR department.
Qualifications
- Bachelor’s Degree in Finance, Accounting, Economics, or related field required.
- Preferred MBA or CPA certification.
- Strong credit, collections, receivables background or 3+ years related experience.
- Operate independently within own scope of responsibility under general supervision.
- Strong analytical and decision-making skills.
- Working knowledge and experience with SAP, Microsoft Suite (Excel, Word, OneNote, PowerPoint, etc.).
- Strong knowledge and experience of financial and customer data management with the ability to organize and present to management verbally and using MS Office, visualization tools, etc.
- Effective professional written and verbal communication skills.
- Detail-oriented, diligent, proactive, organized, team player.
Benefits
AbbVie offers a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance, and 401(k) to eligible employees. This job is eligible to participate in our short-term incentive programs.
Pay
Compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
Schedule
This job is eligible to participate in our short-term incentive programs.
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law: The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future. We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance, and 401(k) to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company's sole and absolute discretion, consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives, and serving our community. Equal Opportunity Employer/Veterans/Disabled.
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